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SENDAS ANNOUNCES INTENTION TO VOLUNTARILY DELIST ITS AMERICAN DEPOSITARY SHARES FROM NYSE

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1 year ago

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SÃO PAULO, Dec. 19, 2024 /PRNewswire/ — Sendas Distribuidora S.A. (B3: ASAI3; NYSE: ASAI) (“Company”) announces that the Company’s Board of Directors approved at the meeting held on this date, the intention of the Company to proceed with the voluntary delisting of its American Depositary Shares (“ADSs”), each representing five common shares of the Company and represented by American Depositary Receipts (“ADRs”), from the New York Stock Exchange (“NYSE”) (“Delisting”), including the change of the Company’s ADR program to Level 1, in order to enable investors to maintain ownership of their ADSs, which may be traded on over-the-counter markets after the Delisting, as applicable, and deregistration with the United States Securities and Exchange Commission (“SEC”), once the Company complies with the applicable deregistration requirements.

The Company clarifies that the application for listing and admission to trading of its common shares on the Novo Mercado segment of B3 S.A. – Brasil, Bolsa, Balcão (“Novo Mercado”) and the application to list its ADSs on the NYSE were granted in February 2021 in the context of the corporate reorganization involving the Company and Companhia Brasileira de Distribuição (GPA), as disclosed to the market in general at the time.

However, the Company considers that maintaining a secondary listing on the NYSE is not currently beneficial, given that trading of the Company’s common shares is predominantly concentrated (around 87%) on the Novo Mercado. The Delisting is in line with the Company’s long-term strategy of maintaining efficient operations, given the low cost characteristic of the Company (“low-cost company”).

Accordingly, the Company intends to file a Form 25 with the SEC in due course seeking to make the Delisting effective by January 9, 2025. The Company expects immediately following the Delisting, the ADSs will begin to trade over-the-counter. Thereafter, if and when the requirements are met, the Company will file a Form 15F with the SEC to deregister and terminate its disclosure obligations under the Securities and Exchange Act of 1934, as amended. The Company reserves the right, for any reason and at any time, to postpone or cancel the filings of Forms 25 and 15F or otherwise modify its plans with respect to this matter

Finally, the Company clarifies that: (i) its common shares will continue to be listed and admitted to trading in Brazil, on the Novo Mercado, which is its primary trading market, maintaining all periodic and occasional disclosures required by applicable Brazilian regulations; and (ii) committed to high standards of governance, even after the effectiveness 2 of the Delisting and the deregistration with SEC, the Company will voluntarily maintain its current corporate governance practices.

The Company will keep its shareholders and the market in general informed of any material updates regarding the matters mentioned herein.

Important Notice Regarding Forward-Looking Statements:

This press release contains forward-looking statements. These statements are statements that are not historical facts, and are based on management’s current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words “anticipates”, “believes”, “estimates”, “expects”, “plans” and similar expressions, as they relate to Sendas Distribuidora S.A., are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forwardlooking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.

View original content:https://www.prnewswire.co.uk/news-releases/sendas-announces-intention-to-voluntarily-delist-its-american-depositary-shares-from-nyse-302336695.html

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Ultra Clean Announces Retirement of the Chief Financial Officer Sheri Savage

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24 minutes ago

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April 28, 2026

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HAYWARD, Calif., April 28, 2026 /PRNewswire/ — Ultra Clean Holdings, Inc. (Nasdaq: UCTT), today announced that Sheri Savage, CFO, will be retiring from the company.

“On behalf of the Board and the entire UCT team, I want to extend my deepest gratitude to Sheri for her remarkable 17 years of leadership and service,” said James Xiao, CEO. “Throughout her tenure, Sheri has played a pivotal role in shaping UCT’s financial strength, operational discipline, and long-term strategic direction. Her steady leadership, deep expertise, and unwavering commitment to excellence have helped guide the company through multiple industry cycles, positioning UCT for the next phase of growth. Sheri has been a trusted partner to me, the Board, and the broader global finance team, and her positive impact on this company will be lasting. We thank her sincerely for her dedication and wish her all the very best in her well-earned retirement.”

“It has been an incredible honor to be part of UCT’s journey over the past 17 years. I am deeply proud of what we have built together – strengthening our financial foundation, supporting our customers, and growing alongside a truly talented and committed global team,” said Sheri. “I am grateful for the trust and support I’ve received from my colleagues, our leadership team, and the Board throughout my tenure. UCT is well positioned for the future, and I look forward to watching the company continue to grow and succeed in the years ahead.”

The Board has initiated a comprehensive search for Sheri’s successor, considering both internal and external candidates, and will provide an update in due course.

About Ultra Clean Holdings, Inc.

Ultra Clean Holdings, Inc. is a leading developer and supplier of critical subsystems, components, parts, and ultra-high purity cleaning and analytical services, primarily for the semiconductor industry. Under its Products division, UCT offers its customers an integrated outsourced solution for major subassemblies, improved design-to-delivery cycle times, design for manufacturability, prototyping, and high-precision manufacturing. Under its Services Division, UCT offers its customers tool chamber parts cleaning and coating, as well as micro-contamination analytical services. Ultra Clean is headquartered in Hayward, California. Additional information is available at www.uct.com.

Contact:

Rhonda Bennetto
SVP Investor Relations
rbennetto@uct.com

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SOURCE Ultra Clean Holdings, Inc.

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Technology

SandboxAQ CEO Jack Hidary at Davos: GPS Jamming and AI Cyber Threats Now Converge

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25 minutes ago

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April 28, 2026

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CEO tells The National that navigation interference and AI vulnerabilities now form a single threat surface for critical systems.

PALO ALTO, Calif., Apr. 28, 2026 /PRNewswire/ — At the World Economic Forum in Davos, Jack Hidary, CEO of SandboxAQ, warned that GPS jamming, GPS spoofing, and AI-enabled cyberattacks are converging into a single operational threat to critical systems. In remarks to The National, Hidary said the threats are no longer separate concerns but overlapping challenges requiring unified resilience.

SandboxAQ addresses both fronts with two technologies: AQNav, which uses the Earth’s magnetic field — the same signal birds and animals navigate by — to deliver resilient positioning, navigation, and timing in GPS-denied environments, and AQtive Guard, which unifies AI security and cryptographic posture management.

GPS interference is shifting from edge case to operational norm:

In June 2025, residents across multiple Middle Eastern countries reported location-service disruptions affecting consumer devices, ships, and aircraft, according to The National.In September 2025, media outlets reported GPS jamming on a flight carrying European Commission President Ursula von der Leyen, attributed to Russian interference.

“Recently, there was a plane flying and because it lost GPS because of jamming, the autopilot would not engage,” Hidary said, citing pilot reports of cascading failures inside aircraft systems. AQNav, tested by the US Air Force and several aviation companies, has drawn interest from Middle Eastern airlines.

Hidary linked GPS disruption to a parallel AI threat: “Large language models are also a vector of cyber attack.” He cited nation-state hackers exploiting generative AI tools, plus the Samsung incident, where engineers entered confidential information into ChatGPT.

The WEF’s 2026 Global Risks Report ranks cyber insecurity #6 among short-term global risks, with adverse outcomes of AI technologies showing the sharpest long-term rise — moving from #30 in the two-year outlook to #5 in the ten-year outlook. The report warns that “technological risks are also anticipated to worsen in severity over the next decade.”

Learn more or request a demo at sandboxaq.com. Read the full Davos coverage in The National.

About SandboxAQ

SandboxAQ is an enterprise company delivering AI solutions at the intersection of machine learning and science. Spun out from Alphabet in 2022, it develops Large Quantitative Models (LQMs) for life sciences, cybersecurity, financial services, navigation, and advanced materials. Visit www.sandboxaq.com to learn more.

 

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SOURCE SandboxAQ

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Tech-Access Canada Welcomes $165M Federal Investment to Accelerate Commercialisation

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25 minutes ago

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April 28, 2026

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OTTAWA, ON, April 28, 2026 /CNW/ – Tech-Access Canada, the national network of Canada’s Technology Access Centres (TACs), welcomes today’s federal Spring Economic Update, which includes an investment of $165 million over five years to extend support for the College and Community Innovation (CCI) Program.

Delivered through Canada’s tri-council research system and administered by the Natural Sciences and Engineering Research Council of Canada, the CCI Program enables businesses to access applied R&D expertise, specialized facilities, and technical services to advance innovation and bring new technologies to market.

This investment will strengthen Canada’s capacity to support commercialisation and productivity by helping businesses, particularly small and medium-sized enterprises, accelerate the development, validation, and adoption of new products, processes, and technologies.

“Continued support for the CCI Program reinforces a proven model that connects businesses with the expertise and infrastructure they need to innovate and compete,” said Melanie Ross, Research Chair, Green Building Technology Access Centre, Southern Alberta Institute of Technology, and Chair of Tech-Access Canada’s Board of Directors. “Technology Access Centres deliver practical, industry-driven solutions that help companies move ideas forward and translate innovation into real economic outcomes.”

Each year, TACs work with thousands of companies across sectors to advance technologies along the commercialisation pathway from early-stage validation through to deployment and scale-up. By providing objective, non-dilutive support, TACs help companies make informed decisions, avoid costly missteps, and accelerate time-to-market.

“This investment helps ensure that innovation developed in Canada stays in Canada,” said Ken Doyle, Executive Director of Tech-Access Canada. “TACs help companies commercialise here at home reducing risk, accelerating time to market, and driving real outcomes. As Canadian firms scale and export globally, that success returns to the Canadian economy.”

Tech-Access Canada’s network includes more than 70 Technology Access Centres located across the country, providing businesses with access to over 2,100 applied R&D experts, millions of square feet of specialized facilities, and hundreds of millions of dollars in equipment and infrastructure.

About Tech-Access Canada

Tech-Access Canada is the national network of Canada’s Technology Access Centres (TACs), which help businesses access the expertise, facilities, and support they need to advance innovation and bring new products and services to market.

www.MeetTheTACs.ca

SOURCE Tech-Access Canada

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